Category: Mining

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Bitcoin Mining Difficulty Drops for the Third Time in 2022, Just Over 100K Blocks to Go Until the Halving

Bitcoin miners have received their third break this year as the network’s mining difficulty adjusted downward by 1.26% on April 14 at block height 731,808. Currently, miners have more than 200 exahash per second (EH/s) in computational power dedicated to mining the Bitcoin blockchain as hashrate increased after the difficulty reduction. Additionally, bitcoin miners have…
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Newly (Re)released Game Allows Players to Simulate Bitcoin Mining and Earn BTC

  The innovative crypto space keeps producing novel ways to merge with different industries and engage more people with cryptoassets, this time crossing the boundaries between gaming, crypto, mining, and earning.  Gaming fintech ZEBEDEE and UK mobile gaming studio Fumb Games have joined forces to release Bitcoin Miner, a game that provides players with real…
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North Dakota hopes to double the $3B of clean crypto mining in the state

North Dakota officials are luring in crypto mining companies to set up in the state. With $3B already invested, and with $3B said to be on the way, they’re doing well so far. North Dakota government officials rocked up to the Bitcoin 2022 conference in Miami to lure cryptocurrency miners into their greener pastures. They…
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Russia: Only Industrial Players May Be Allowed to Mine Bitcoin & Crypto

  The chief architect of Russia’s crypto legislation has suggested that only industrial miners could be allowed to continue operating after the country unveils its long-awaited legislation for the Bitcoin (BTC) & crypto sector in this aggressor state…. Read More: Russia: Only Industrial Players May Be Allowed to Mine Bitcoin & Crypto  Read more »Pay,…
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13,233 Blocks Found by 16 Pools — A Look at the Top Bitcoin Mining Pools in Q1 2022

During the first quarter of 2022, Bitcoin’s hashrate averaged between 180 to 200 exahash per second (EH/s) and during the course of that time, 13,233 block rewards were found by 16 mining pools. According to three-month statistics, Foundry USA was the network’s top mining pool in terms of hashrate percentage, as the bitcoin mining operation…
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Small Argentine Town Turns to Crypto Mining to Pay for Improvements

  A small town in rural Argentina has decided to invest in crypto mining hardware in a bid to raise money to pay for improved rail connections and “beat inflation.” Ambito reported that the initiative is being pioneered by a group headed by Juan Pio Drovetta, the Mayor of Serodino, a town of 6,000 residents…
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Bitcoin and Ethereum Investment Outflows Accelerate, No ‘Significant Stress Among Investors’ + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ ____(Updated at 15:51 UTC with an announcement from Animoca Brands.)… Read More: Bitcoin and Ethereum Investment Outflows Accelerate, No ‘Significant Stress Among Investors’ + More News  Read more »Pay, Trade, Buy…
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Russian Finance Ministry Amends Bill ‘On Digital Currency,’ Adds Crypto Mining Provisions

The Ministry of Finance of the Russian Federation has revised a draft law designed to regulate the country’s crypto space, introducing provisions for cryptocurrency mining. The bill has been resubmitted to the government and may be adopted during the parliament’s spring session. Updated Law ‘On Digital Currency’ Filed With Russian Government Russia’s Ministry of Finance…
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Seven times Bitcoin miners made the world a better place

BTC mining and the miners, themselves, seem to be doing more than just securing the Bitcoin network. What do a swimming pool, beef jerky, a caravan, timber, animal waste, a Guatemalan lake and a high school have in common?  They’ve all been saved by Bitcoin (BTC) mining. From reusing “waste” heat to getting the job…
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NY State Supreme Court dismisses petition against crypto mining company

The judge ruled that the petition lacked merit as he didn’t find proof of the environmental harm. In an important precedent, a New York State Supreme Court judge in Yates County ruled in favor of cryptocurrency mining firm Greenidge Generation, dismissing a petition filed by a coalition of environmental activists.  According to an April 7…
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